Asia-Pacific Undersea Fiber Optic Cable Market to Reach USD 10,102.87 Million
Growing demands for high-speed internet speed, focus on cloud-based facilities, increasing the role of artificial intelligence in submarine telecom cable systems, are expected to drive the growth of the Asia-Pacific Fiber Optic Cable Market in during the forecast period. According to TechSci Research report, “ Asia-Pacific Undersea Fiber Optic Cable Market - By Country, Competition Forecast & Opportunities, 2017-2027,” Asia-Pacific Undersea Fiber Optic Cable Market is expected to grow at CAGR of 15.04% to reach USD 10,102.87 million by 2027. Rising demand for high bandwidth, growing use of fiber cable in the digital content sector, growing 5G deployment, and the rising emergence of industry 4.0 are expected to propel the Asia-Pacific Undersea Fiber Optic Cable Market during the forecast period. Growing adoption of cloud services, increasing digitalization, big data & IoT adoption, 5G deployments, and growth in the inland and undersea activities in APAC are some of t...